Obama Cuts Dumb

March 1, 2013 by  

Obama Cuts Dumb, President Barack Obama on Friday branded the automatic budget cuts about to slam into the US economy as “dumb” and “unnecessary” but blamed Republicans for the failure to avert them.

“These cuts will hurt our economy, will cost us jobs and to set it right both sides need to be able to compromise,” Obama said, on the day $85 billion in cuts go into force after lawmakers failed to reach a deficit-cutting deal.

“I am not a dictator. I am a president,” Obama said, after a last-minute meeting with top congressional leaders failed to broker a deal to prevent the arbitrary and automatic cuts, known as sequestration, from coming into force.

“What I can’t do is force Congress to do the right thing,” Obama said.

“In the absence of a decision on the part of the Speaker of the House and others to put middle class families ahead of whatever political imperatives he might have right now, we are going to have these cuts in place.”

Obama welcomed his chief foes, House Speaker John Boehner and Senate Republican minority leader Mitch McConnell to the Oval Office, along with Democratic Senate chief Harry Read and top House Democrat Nancy Pelosi.

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